FRNW vs. IBAT ETF Comparison
Comparison of Fidelity Clean Energy ETF (FRNW) to iShares Energy Storage & Materials ETF (IBAT)
FRNW
Fidelity Clean Energy ETF
FRNW Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources
Grade (RS Rating)
Last Trade
$14.14
Average Daily Volume
8,097
19
IBAT
iShares Energy Storage & Materials ETF
IBAT Description
The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.62
Average Daily Volume
348
14
Performance
| Period | FRNW | IBAT |
|---|---|---|
| 30 Days | -2.67% | -0.69% |
| 60 Days | -10.02% | -5.25% |
| 90 Days | -7.13% | -2.92% |
| 12 Months | -5.10% |
FRNW: Top Represented Industries & Keywords
IBAT: Top Represented Industries & Keywords
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